Laos expects more private investment from home, abroad in 2019
The Lao government expects domestic and foreign private investment to climb to 23,086 billion kip (over 2.72 million U.S. dollars) in 2019, accounting for 52.06 percent of total investment or 13.95 percent of GDP, local media reported here on Thursday.
App-facilitated Land Tax Payment Service Launched
The Department of Tax has launched a system that ensures land tax payment is bank-based, safe, and fast.
Laos’ Garment Industry Faces Severe Labor Shortage
Garment factories in Laos are experiencing labor shortages as workers are looking to Thailand for greener pastures, sources say.
— Radio Free Asia
Lao gov’t improves cross-border trade
Trading across borders has improved due to the government’s effort to create a more business-friendly environment, a local report said on Thursday, quoting Lao Ministry of Industry and Commerce.
— China Economic Net
Trouble brews as Lao coffee growers request government help
COFFEE growers in southern Laos are asking for government assistance to create a fund to support coffee bean processing and provide technical advice to local growers following the recent slump in the market price.
— Phnom Penh Post
Chinese Railway Project in Laos Leaves Farmers in the Lurch
The railway project that would link landlocked Laos with China has been touted as a benefit to the Lao economy because it will lower the cost of exports and consumer goods while boosting socioeconomic development in the impoverished nation of nearly 7 million people.
— Radio Free Asia
Lao flight swaps from Silk to Scoot
SINGAPORE, 11 January 2019: Low-cost Scoot, a member of the Singapore Airlines Group, has opened reservations for a service to Luang Prabang and Vientiane in Laos that will replace SilkAir services on this route 1 April.
— TTR Weekly
Gov’t Agencies Discuss New MIOC Decision On Timber Management
The government agencies held a national consultation workshop to discuss the final draft of the Ministry of Industry and Commerce (MOIC)’s decision on the management and monitoring of timber input in wood processing and trade sector on Jan 10.
Lao gov’t approves special budget for flood recovery
Lao government has approved a special budget of 500 billion kip (58.7 million U.S. dollars) to repair public infrastructure that was damaged in last year’s floods, local daily Vientiane Times reported on Thursday.
Scoot starts sale of Singapore-Laos flights from S$88 for one-way ticket
SCOOT has launched sale of its direct Singapore-Laos flights with one-way all-in tickets starting from S$88, the budget arm of Singapore Airlines announced on Thursday.
— Business Times
Laos accelerates registration process of foreign workers
Lao labour officials nationwide must expedite the process of registering illegal foreign workers, Lao Deputy Prime Minister Sonexay Siphandone said at a meeting held recently.
— Borneo Bulletin
Vietnam always ready to support Lao Government
Vietnamese Prime Minister Nguyen Xuan Phuc had a meeting with Governor of the Bank of the Lao People’s Democratic Republic Sonexay Sitphayxay in Hanoi on January 9.
— Sggp News
Meet the Ambassador of the Lao People’s Democratic Republic to Austria: H.E. Mr. Sithong Chitnhothinh
The new Ambassador of the Lao People’s Democratic Republic to Austria, H.E. Mr. Sithong Chitnhothinh presented Austrian Federal President Alexander Van der Bellen with his letter of accreditation at the Vienna Hofburg.
Laos / Cave fossils shed light on the world of 80,000 years ago
At 80,000 years old, some human fossils found in a cave in northeastern Laos are the oldest known remains of modern humans in mainland Southeast Asia. Together with fossils from animals, they give us a snapshot of life in this part of the world millennia ago
— Southeast Asia Globe
President U Win Myint receives outgoing Laotian Ambassador
President U Win Myint received the outgoing Ambassador of the Lao People’s Democratic Republic to Myanmar, Mr. Lyying Sayaxang, at the Presidential Palace in Nay Pyi Taw yesterday.
— Global Newlight of Myanmar
Feature photo Vinko Rajic
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).
Lao morning news by AEC News Today is your one stop source for Lao PDR news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.
She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018